Free Trial

Chinese 10-year bond futures have.......>

CHINA RATES
CHINA RATES: Chinese 10-year bond futures have recovered their early losses to
trade broadly flat as the recovery in risk appetite globally is being
counteracted by growing calls for easing by the PBOC.
- Interest rate swaps have edged lower at the short end with the 2-year down
0.7bps.
- Further easing by the PBOC is becoming increasingly priced in as the recovery
in the yuan gives the authorities room to cut without triggering a crash in the
yuan. 
- The decline in US yields has seen US-China rate spreads stabilise, with the
2-year swap spread last at 17.5bps. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.